MT940 → OFX

Convert MT940 to OFX

Convert SWIFT MT940 bank statements to OFX format for QuickBooks, Xero, and Sage. Spec-compliant, privacy-first conversion API.

Why convert MT940 to OFX?

OFX (Open Financial Exchange) is the most widely supported import format for accounting software. QuickBooks, Xero, Sage, FreshBooks, and dozens of other tools accept OFX files for bank transaction imports. If your bank provides statements in MT940 format but your accounting tool needs OFX, you need a reliable converter.

Manual re-entry is error-prone and time-consuming. Automated MT940-to-OFX conversion eliminates data entry mistakes and saves hours of bookkeeping work each month.

How it works

FinConvert parses MT940 statements using a spec-compliant parser that correctly handles all standard SWIFT tags. Each transaction is normalized into a universal model, then formatted as valid OFX 2.2 XML with proper FITID generation, transaction type mapping, and balance assertions.

The output is compatible with all major accounting platforms. Transaction amounts, dates, descriptions, and reference numbers are preserved with full fidelity.

POST /v1/convert
Content-Type: multipart/form-data
file: statement.sta
to: ofx

The API is stateless and privacy-first: your bank statement is processed in memory, the result is returned immediately, and no data is persisted. Sub-second processing for files up to 10MB.

API Example

Convert via API 
curl -X POST https://api.finconvert.dev/v1/convert \
  -H "Authorization: Bearer fc_live_your_key" \
  -F "file=@statement.sta" \
  -F "to=ofx"

Features

  • ✓ Spec-compliant parsing
  • ✓ Privacy-first: no data stored
  • ✓ Sub-second processing
  • ✓ Deterministic output
  • ✓ Files up to 10MB

Try FinConvert

Join the waitlist for early access to the conversion API.

Join Waitlist

Related Conversions

CAMT.053 → OFX

Convert CAMT.053 to OFX

Convert ISO 20022 CAMT.053 XML to OFX format for QuickBooks, Xero, and accounting software. Bridging modern banking with legacy tools.

MT940 → CAMT.053

Convert MT940 to CAMT.053

Convert legacy SWIFT MT940 statements to ISO 20022 CAMT.053 XML. Future-proof your banking integration before the 2027 migration deadline.

MT940 → CSV

Convert MT940 to CSV

Convert SWIFT MT940 bank statements to CSV format with FinConvert's API. Automated, spec-compliant parsing for financial data integration.

MT940 → JSON

Convert MT940 to JSON

Convert SWIFT MT940 bank statements to structured JSON with FinConvert's API. Machine-readable output for fintech integrations.